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i need help

well, recently i just purchased a bass amp from this local guy on craigslist.
he sold it to me for 30 bucks. it's in good condition.

I'm not sure how many watts it really is.
I was thinking 50.

At the back it says:
50 watts
8 ohms
20 v RMS

and then under the plug it says...
120 vac
60 Hz
150 watts

which is it?

It's a very old Peavey Basic 60

it's this one:

peaveybasic60.jpg


Not this one:

Link Removed